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CMKX II new Thread. Get it while you CAN ! (Page 32)

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Author	Topic: CMKX II new Thread. Get it while you CAN !
GoldieStox Member	posted June 17, 2004 12:39 Melvin on radio: Said "How did you like the PR yesterday?" "It was good, yes?" "Bigger and better things are on the way." "Very impressed on what is happening." He said he "....is on the way to the site." ###end### now will someone explain naked shorting to me? IP: Logged
bulls Member	posted June 17, 2004 12:40 before cmkx hits dollars do you think we might see .0002 on cmkx again or even .0001 ? IP: Logged
noahltl New Member	posted June 17, 2004 12:41 Melving cleared the message board again. Then spoke on IBC. Now the message board is down for 15 minutes. Something big coming? IP: Logged
TradingWizard Member	posted June 17, 2004 12:42 quote: Originally posted by sarki316: LOOK BUDDY. JUST HOLD ON TO THIS STOCK. WHEN IT WILL HIT 3.00 I DONT KNOW BUT IT WILL. TRUST ME DON'T BELEIEVE WHAT ANYBODY ELSE SAYS. DON'T GET NERIVIOUS AND SELL IT WILL BE THE BIGGEST MISTAKE YOU'LL MAKE. ALL I CAN SAY JUST HOLD ON AND RELAX BUDDY. Sarki or sparki who ever you are, please calm down. Were you the one crying your eyes out yesterday and now you think this will go to $5 blah blah balh. Get real, and get a real life please. We are trying to be reasonable here. Thank you and Good day! ------------------ 'Alone we can do so little; together we can do so much.' - Helen Keller IP: Logged
bulls Member	posted June 17, 2004 12:43 non covered stocks is like selling selling numbers through electronic funding.Market maker controls the pps and not the company IP: Logged
cool1sh Member	posted June 17, 2004 12:47 Thanks GS.. It'd been nicer if he said bigger, better and sooner. Naked Shorting in 1 sentence: Market Makers (MM) selling more shares than they were authorized to sell. Some ppl think there are 500B-1T CMKX shares even though the O/S is lot less. quote: Originally posted by GoldieStox: Melvin on radio: Said "How did you like the PR yesterday?" "It was good, yes?" "Bigger and better things are on the way." "Very impressed on what is happening." He said he "....is on the way to the site." ###end### now will someone explain naked shorting to me? IP: Logged
WinsumLosesum Member	posted June 17, 2004 12:48 . [This message has been edited by WinsumLosesum (edited June 17, 2004).] IP: Logged
MiggyTrader Member	posted June 17, 2004 12:49 I hate to burst ur bubble. I'm also dying for that SL 55 AMG, but if U guys see $3 - $5 in the near future, then I'm not gonna get my car, because the ONLY WAY THAT IT WILL HIT $3 - $5 IS THROUGH A REVERSE SPLIT AND NONE OF US WANT THAT!!! 0.0007 to $3 = 428571.43% - If someone can show me just one stock that rose 428571.43% in a year, the I will be a believer. Come on....I know its a free country, but lets be real here. IP: Logged
WWJD-thru-me Member	posted June 17, 2004 12:51 Goldiestox-Naked shorting stock means selling shares of a stock you don't own (shorting) without seeing if they are available to borrow and not accounting for them or returning them. So basically they are creating shares out of thin air. Doing this creates an unlimited supply of the stock so even if our demand is very high- there does not have to be any pressure on the price since supply and demand doesn't matter with an unlimited supply. The MM's (market makers are allowed to be Naked short to create a liquid market but are supposed to nake sure shares are available and cover and settle at some point). It becomes fraud when it reaches the point it has with CMKX. They are possibly short the whole Outstanding share count and then some. The new law firm is going to help CMKX become a fully reporting company and I believe it will help the company fix the Naked shorts in an innovative, effective, iron fisted kind of way. Can't wait to see what happens. IMO-DD-GLTA-Debi There are many more experienced investors who can give a better description of this than I did. But at least you have an answer. IP: Logged
justplayin Member	posted June 17, 2004 12:52 I think we are all with ya Miggy. At least this kind of excitement is too far fetched to snag anyone. IP: Logged
Upside Member	posted June 17, 2004 12:54 Goldie: here's the textbook definition: Naked Shorting: The illegal practice of short selling shares that haven't been borrowed or do not exist at all. IP: Logged
StonedPigeon Member	posted June 17, 2004 13:00 [QUOTE]Originally posted by sarki316: [B]LOOK BUDDY. JUST HOLD ON TO THIS STOCK. WHEN IT WILL HIT 3.00 I DONT KNOW BUT IT WILL. TRUST ME DON'T BELEIEVE WHAT ANYBODY ELSE SAYS. DON'T GET NERIVIOUS AND SELL IT WILL BE THE BIGGEST MISTAKE YOU'LL MAKE. ALL I CAN SAY JUST HOLD ON AND RELAX BUDDY. -------------------------------------------- Caution! Hype IP: Logged
JBCak47 Member	posted June 17, 2004 13:01 Okay question, I am still a little unsure of one thing. The shares I bought this past week, are in my account. If those shares have been shorted or naked shorted, do I infact really have them? At some point, if the MM's are forced to cover, they can't legally say that I have to give them up right? I mean, they can't say 'well these were non-existant shares, therefore these shares are null and void, not real?' How would they 'cover' for these shares, the MM's I mean. My question is are the share si own now, safe? I am a little confused, just about this. If the MM's have to cover, they are forced to pay the differnce I suppose, right? Is that why some are projecting a huge jump up, like to .02 or .03??? Or would it jump up to .1? If the MM's have to cover, couldn't they keep the price down to .0002, rebuying the shares and holding onto them??? Thanks in advance. -John IP: Logged
StonedPigeon Member	posted June 17, 2004 13:03 they would have to buy them at market IP: Logged
TradingWizard Member	posted June 17, 2004 13:03 I think as long you have purchase slip from the institution you bought your stock - you should be okay, but I am not sure if this correct. Can anyone confirm? ------------------ 'Alone we can do so little; together we can do so much.' - Helen Keller IP: Logged
JBCak47 Member	posted June 17, 2004 13:05 That sounds fine to me... Thanks guys Hola SP IP: Logged
StonedPigeon Member	posted June 17, 2004 13:08 right back at ya! IP: Logged
VNGNTN1 Member	posted June 17, 2004 13:11 TW That is what Ameritrade told me A year ago. REGULARS & ESPECIALLY YOU GARDENERS!! Smell anything being carried in on the shoes today ? VAN [This message has been edited by VNGNTN1 (edited June 17, 2004).] IP: Logged
TradingWizard Member	posted June 17, 2004 13:13 I included naked shorting under thread I started 'Cool Definitions', hope some of you don't mind - I have credited all the contributors. http://www.allstocks.com/stockmessageboard/ubb/Forum9/HTML/000369.html ------------------ 'Alone we can do so little; together we can do so much.' - Helen Keller IP: Logged
Upside Member	posted June 17, 2004 13:15 You'll be fine unless the trillion share naked short theory comes to pass. Then, who knows what would happen. If they have to cover in excess of a trillion shares at say a dime, thats 100 billion dollars. Where's that money going to come from? Sure they have insurance but I don't think in those kind of quantities. There's talk about forcing a cover at over $1.00. It couldn't happen. Where is 1 trillion dollars going to come from? Anyway, yes your shares are fine, no need to worry. IP: Logged
klempar77 unregistered	posted June 17, 2004 13:15 I try to speak with MELVIN on the air IBC. but no luck IP: Logged
TradingWizard Member	posted June 17, 2004 13:18 quote: Originally posted by VNGNTN1: TW That is what Ameritrade told me A year ago. REGULARS & ESPECIALLY YOU GARDENERS!! Smell anything being carried in on the shoes today ? VAN Thanks :-) The rabbit probably took vacation, and now the cat is back. ------------------ 'Alone we can do so little; together we can do so much.' - Helen Keller IP: Logged
VNGNTN1 Member	posted June 17, 2004 13:24 I think in the 1 t short that brokers(clients) would get covered first by Insurance, then brokers, then MM(in many cases brokers & MM same) , in any case it would split as wide as possible. Don't know about you but your account is insured for $250,000. I have shares in 4 accounts, doesn't that = $1m ???? VAN [This message has been edited by VNGNTN1 (edited June 17, 2004).] IP: Logged
sarki316 Member	posted June 17, 2004 13:51 The reason CMKX IS GOOD 1) THEY STATED THEY FOUND DIAMOND CONTENT IN THE KRIMBRILTE FINDINGS 2) AFTER STATING THAT. THEY HIRE A BIG NY FIRM. WHY????? THEY FOUND SOMETHING REAL BIG THAT IS WHY. AND TO PROVE THAT 3) THEY HAULT A PROJECT TO CONCENTRATE ON THERE CURRENT DRILLING WHERE THEY FOUND KRIMBRILTE. THAT IS ALL YOU NEED TO KNOW. IF YOU EVER ASK ME WHY I LIKE CMKX AGAIN. JUST SELL YOU SHARES SO I CAN BUY THEM BECAUSE YOU DONT KNOW ABOUT STOCKS. I WON'T POST ANYMORE BEACUSE I SAID WHAT I STINK. I FEEL THERE ARE ALOT OF PEOPLE ON THIS SITE THAT DON'T REALLY KNOW HOW TO TRADE. WIZARDKID!!! IP: Logged
Upside Member	posted June 17, 2004 13:55 originally posted by sarki316: quote: Tradewhizard ! You're not going to bash him? What do you call this? You should probably move along now. No one would miss you much. [This message has been edited by Allstocks (edited June 17, 2004).] IP: Logged
Money_Penny Member	posted June 17, 2004 13:57 quote: Originally posted by sarki316: I SAID WHAT I STINK. LOL, I am glad this is only a virtual chat room, not a real one! Anyway, I like your enthusiasm and I too am sick of the negativity on this board. Let's focus on getting rich! IP: Logged
will Member	posted June 17, 2004 13:58 If you don't pick the scab, UpMan, it will heal and go away. For my money that ignorant ass is dead, I can ignore his rudeness. quote: Originally posted by Upside: originally posted by sarki316: You're not going to bash him? What do you call this? You should probably move along now. No one would miss you much. IP: Logged
Upside Member	posted June 17, 2004 14:03 originally posted by will: quote: If you don't pick the scab, UpMan, it will heal and go away. For my money that ignorant ass is dead, I can ignore his rudeness. Good point Will but don't people like that get under your skin? Arrogant chest beater who's here for no reason other than to brag about how good he is. I'll ignore him. IP: Logged
Bob_dog Member	posted June 17, 2004 14:11 Can anyone tell me were we sit on the bid? Thanks Bob IP: Logged
osubucks30 Member	posted June 17, 2004 14:16 Lets say cmkx does do a reverse split this still could be good. EXAMPLE ONLY 10 billion outstanding shares reverse by 1 share to every 100. Now there would only be 100 million shares. Then WHEN they find the BIG diamonds the MM's can't hold the price down. 1 million shares would become 10000! With only 100 million shares this would easily go over $1! So even at these prices you can buy 1 million SHARES for $700 this could be turned into over $10000! The problem with cmkx is that the MM's have tons of shares and can hold the price down. Although if people keep buying this stock could jump quickly suddenly! IP: Logged
rsnws Member	posted June 17, 2004 14:21 BID 4@.0006 10@.0005 ASK 6@.0007 6@.0008 1@.009 1@.001 quote: Originally posted by Bob_dog: Can anyone tell me were we sit on the bid? Thanks Bob IP: Logged
TradingWizard Member	posted June 17, 2004 14:21 Thanks :-) you know who you are. TW (Anna) ------------------ 'Alone we can do so little; together we can do so much.' - Helen Keller IP: Logged
Bob_dog Member	posted June 17, 2004 14:23 Thanks!!! Bob IP: Logged
BB Member	posted June 17, 2004 14:23 Is there any advantage of having Certificates if something crazy happens to CMKX? For instance being heavily shorted and the MM's trying to cover and/or the insurance companies getting involved paying out on the shorting? Just trying to cover all bases just in case. BB IP: Logged
Wallace#1 Member	posted June 17, 2004 14:24 It appears we have quite a few new so-called "contributors" here on Allstocks that we never had before. Either they are coming out of the woods, from under rocks or from Brooklyn! LOL IP: Logged
VNGNTN1 Member	posted June 17, 2004 14:27 BB I have mulled over same question and did request mine 2 years ago,but signed them back to broker. Just wanted to see if it could be done. These are a pain if you trade because they must be handled. Noone should have much (more) than they can lose here anyway, just let it run. WALLACE My Garden point earlier Guess you have never shovled manuer. VAN [This message has been edited by VNGNTN1 (edited June 17, 2004).] IP: Logged
sarki316 Member	posted June 17, 2004 14:29 Look WILL I just speak my mind. if that bothers you sorry, you too wizard. I am not here to bash you or anybody else. I won't say anything more to PISS YOU GUYS OFF. lol!!!! IP: Logged
Money_Penny Member	posted June 17, 2004 14:45 Well then, why don't us NOOBS go ahead and introduce ourselves? I'll start with myself: HELLO, my name is Kai, I am a 34 year old male from Ohio and I am addicted to Allstocks... I am new to this board and I am new to investing as well. I bought a small quantity of CMKX for my kids and myself. I won't be able to "contribute" much at this stage, so I am mostly here to learn. I have been doing a lot of reading lately, and I am catching on (I think) - I even know now that we sell and buy our shares from "short & naked M&M's" LOL. IP: Logged
BB Member	posted June 17, 2004 14:47 Wallace, I use to be on this board a lot last year. I started buying shares @ .0004 (last yr.) and averaged down to .00012 and have 50 mil. shares now. I also have 10 mil. free shares of CIM which I hope will do something some day. After months of seeing CMKX @ .0001 you kind of lose interest in talking about the stock. Now that it's doing something it has rejuvenated a lot of us. I want to see the price go steadily up so there won't be that big drop back. Everyone knows when the price goes up too fast it comes down hard most times. Someone posted a chart on QBID earlier and I liked the way it showed how it went up gradually and came down some the same way. GLTY. BB IP: Logged
will Member	posted June 17, 2004 14:51 There's a thread for that, please let's not clutter this thread anymore than it already is, thanks. quote: Originally posted by Money_Penny: Well then, why don't us NOOBS go ahead and introduce ourselves? I'll start with myself: HELLO, my name is Kai, I am a 34 year old male from Ohio and I am addicted to Allstocks... I am new to this board and I am new to investing as well. I bought a small quantity of CMKX for my kids and myself. I won't be able to "contribute" much at this stage, so I am mostly here to learn. I have been doing a lot of reading lately, and I am catching on (I think) - I even know now that we sell and buy our shares from "short & naked M&M's" LOL. IP: Logged
rajarammx Member	posted June 17, 2004 14:53 quote: Originally posted by osubucks30: Lets say cmkx does do a reverse split this still could be good. EXAMPLE ONLY 10 billion outstanding shares reverse by 1 share to every 100. Now there would only be 100 million shares. Then WHEN they find the BIG diamonds the MM's can't hold the price down. 1 million shares would become 10000! With only 100 million shares this would easily go over $1! So even at these prices you can buy 1 million SHARES for $700 this could be turned into over $10000! The problem with cmkx is that the MM's have tons of shares and can hold the price down. Although if people keep buying this stock could jump quickly suddenly! That is if the investors look the the R/S as a good signal...The company would need to handle the R/S very carefully....Almost 99% of the time it is viewed as negative action & the stock drops right after the R/S.... I bought in 1000000 shares once the price started going up @0.0006....just on the hype.... I would expect it to go atleast to 0.0030 before any R/S.... How many O/S is there anyway ? Anybody has that info ? ------------------ GLTA Raja Always do your DD before Investing or Daytrading IP: Logged
VNGNTN1 Member	posted June 17, 2004 14:54 Intrsting post on company board about two things 1-Possible mistake made i PR about the mass of two diamonds found. 2-Someoen has figured out PR schedule 2 today and 1 friday 8 m. - - - - - If the a size correction of 1000% .001mg to .001g this could be good. Also ina separate note Melvin said he was surprised by news from UCD and was better than reported ????? VAN IP: Logged
Meshoe45 Member	posted June 17, 2004 14:54 .0008 is back IP: Logged
Upside Member	posted June 17, 2004 14:54 originally posted by Money_Penny: quote: I even know now that we sell and buy our shares from "short & naked M&M's" LOL. Yep, little guys with no clothes. Mean little baztards too! IP: Logged
osubucks30 Member	posted June 17, 2004 14:55 No one knows how many shres are out there! IP: Logged
VNGNTN1 Member	posted June 17, 2004 14:58 O30 Not true UC does VAN [This message has been edited by VNGNTN1 (edited June 17, 2004).] IP: Logged
noahltl New Member	posted June 17, 2004 15:11 NEWS NEWS NEWS UCAD issued PR announcing change of accounting firm. May be first signal of the anticipated merger. Getting ducks in a row. http://biz.yahoo.com/e/040617/ucad.ob8-k.html IP: Logged
Wallace#1 Member	posted June 17, 2004 15:23 Someone ought to start a thread on rumors started and by whom. There are many reasons a company changes accountants. One reason is they do not want an honest firm...just one that will agree to everything the company demands. IP: Logged
TradingWizard Member	posted June 17, 2004 15:25 I think we had quite a interesting business developments around these sister companies beside the diamond finds in a past 2 weeks. I must say, we probably must sit tight for now and see what will happen next. ------------------ 'Alone we can do so little; together we can do so much.' - Helen Keller IP: Logged
noahltl New Member	posted June 17, 2004 15:28 There are many companies that change dental plans too, but they don't release a PR about it unless they are sending a signal to the market. IP: Logged

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